local
SpaceX files to go public in huge IPO deal
Key takeaways
- Elon Musk wants to take investors on a ride to the moon — and beyond.
- His pioneering rocket company SpaceX filed Wednesday for what’s expected to be the largest initial public offering in history, potentially raising at least $75 billion and valuing the company at well over $1 trillion.
- “Potential investors, are probably just as polarized as the electorate is, too, given his dabbling in politics,” said Carol Schleif, chief market strategist, for BMO Private Wealth.
Space X’s mega rocket Starship makes a test flight from Starbase, Texas, on Oct. 13. (Eric Gay / Associated Press) By Laurence Darmiento Staff Writer Follow May 20, 2026 4:40 PM PT 1 4 min Click here to listen to this article Share via Close extra sharing options Email Facebook X Linked In Threads Reddit Whats App Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here.
Elon Musk wants to take investors on a ride to the moon — and beyond.
His pioneering rocket company SpaceX filed Wednesday for what’s expected to be the largest initial public offering in history, potentially raising at least $75 billion and valuing the company at well over $1 trillion.
Article preview — originally published by LA Times. Full story at the source.
Read full story on LA Times →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from LA Times alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop